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Business · Daily Post ·CAC finally speaks on manipulation of firms’ data after cyber attack in Nigeria
The Corporate Affairs Commission has addressed reports concerning the manipulation of company records following a cyberattack in Nigeria. The agency clarified the status of firm data and outlined measures taken to secure its registry against unauthorized access, ensuring the integrity of corporate information for the public and the business community.
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Business · PM News ·Beyond the Ghost Brand: How Brisk Media Forges Industry Icons
Brisk Media focuses on transforming brands into industry leaders through specialized marketing and branding strategies. The company moves beyond basic visibility to establish significant influence for its clients within their respective sectors. This approach aims to create lasting recognition and authority for businesses and individuals seeking to enhance their market presence.
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Business · Nairametrics ·
Senate clears Lamido Yuguda as CBN Deputy Governor after brief screening
The Nigerian Senate has confirmed the appointment of Lamido Yuguda as a Deputy Governor of the Central Bank of Nigeria following a brief screening process. This clearance enables Yuguda to join the leadership team at the apex bank to support its ongoing monetary policy and regulatory mandates.
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Business · Nairametrics ·
Infinity Trust Mortgage grows profit by 49% to N898 million on strong interest income
Infinity Trust Mortgage Bank recorded a 49% increase in profit, reaching N898 million. This growth was primarily driven by strong interest income earned during the period. The financial results reflect the bank's operational performance within the Nigerian mortgage banking sector as reported by Nairametrics.
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Business · Leadership News ·
Afreximbank Ex-President Oramah Named Royal African Society Patron
Benedict Oramah, the former President of the African Export-Import Bank, has been appointed as a patron of the Royal African Society. The appointment acknowledges his role in advancing African economic development and trade. The society works to strengthen relationships between the United Kingdom and Africa through policy and cultural exchange programs.
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Business · Premium Times ·How the FirstBank Naira Credit Card gives unparalleled spending power
FirstBank offers a Naira Credit Card designed to provide customers with enhanced purchasing options and financial flexibility. The financial product aims to grant cardholders increased spending limits, enabling them to manage various transactions and payments more effectively within the local market and for broader financial needs.
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Business · Leadership News ·
Africa Lags On Industry, Jobs Despite $4T Domestic Capital – Report
A recent report indicates that Africa continues to experience slow industrial growth and limited job creation despite possessing four trillion dollars in domestic capital. The findings highlight a significant disconnect between available financial resources and the continent's industrial development and employment objectives.
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Business · Leadership News ·
IFC, Norfund Target 500,000 Nigerian Households For $83.2m Off-grid Solutions
The International Finance Corporation and Norfund are investing $83.2 million to provide off-grid power solutions to 500,000 Nigerian households. This initiative aims to expand energy access across the country by implementing decentralized systems for homes currently underserved by the national electricity grid.
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Business · BusinessDay ·AACCI Nigeria positions itself as a gateway for Asia-Africa trade flows
The Asian-African Chamber of Commerce and Industry in Nigeria is establishing itself as a primary facilitator for commercial exchanges between the two continents. This strategic positioning aims to streamline trade flows and foster stronger economic partnerships by providing a dedicated platform for cross-border investments and market access.
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Business · The Punch ·Stop exporting raw minerals, Alake urges African nations
Nigeria's Minister of Solid Minerals Development, Dele Alake, has called on African countries to halt the exportation of raw mineral resources. He advocates for domestic processing and value addition to ensure that the continent retains maximum economic benefits from its natural wealth instead of shipping raw materials abroad.
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Business · BusinessDay ·NGX Group shareholders urge leadership to continue focus on growth, value creation
Shareholders of the Nigerian Exchange Group have called on the company's leadership to maintain their commitment to strategic growth and the creation of value for investors. The appeal emphasizes the importance of sustainable development and long-term performance within the Nigerian capital market ecosystem.
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Business · BusinessDay ·6 planes cost me $2m to insure, same amount to insure 25 in Europe – United Nigeria Airlines CEO
The Chief Executive Officer of United Nigeria Airlines has identified a significant disparity in aviation insurance costs between Nigeria and Europe. He stated that insuring six aircraft locally costs two million dollars, which is equivalent to the amount needed to cover twenty-five planes in Europe, highlighting the high operating costs for Nigerian carriers.
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Business · The Punch ·
TotalEnergies first-quarter profits surge amid Middle East war
TotalEnergies recorded a significant rise in its first-quarter profits, driven by global market conditions linked to the ongoing conflict in the Middle East. The energy giant's financial performance reflects the impact of geopolitical tensions on energy prices and supply chains during the first three months of the year.
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Business · Premium Times ·Senate confirms new CBN deputy governor
The Nigerian Senate has confirmed the appointment of a new deputy governor for the Central Bank of Nigeria following a formal screening process. This legislative approval aims to complete the executive management team of the apex bank as it manages the nation's monetary policies and financial sector stability.
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Business · BusinessDay ·Africa’s startup investors shift toward local capital as exits gain ground
Investors in African startups are increasingly focusing on local capital sources as the ecosystem sees more successful exits. This shift indicates a maturing market where domestic funding plays a larger role in supporting growth and providing liquidity for early-stage backers across the continent.
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Business · Nairametrics ·
Enugu posts N101.8 billion revenue, N43.9 billion IGR in Q1 2026
Enugu State recorded a total revenue of N101.8 billion during the first quarter of 2026. Within this period, the state’s internally generated revenue amounted to N43.9 billion. These financial figures reflect the state's fiscal performance and revenue collection efforts in the early months of the year.
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Business · BusinessDay ·Nigeria’s fiscal reform agenda runs into a digital infrastructure problem
Nigeria’s effort to execute fiscal reforms is encountering obstacles related to the country’s digital infrastructure. Inadequate technological systems are reportedly impeding the government's strategy to enhance revenue generation and fiscal management. Addressing these infrastructure gaps remains critical for the successful implementation of the proposed economic policy changes.
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Business · Leadership News ·
Nigeria Recovers 85% Of Lost Oil Production on Improved Security
Nigeria has successfully recovered eighty-five percent of its previously lost oil production, a development attributed to enhanced security measures within the energy sector. This improvement reflects a significant rebound in national output as security forces work to protect critical infrastructure and minimize disruptions to the oil industry.
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Business · Daily Post ·Abuja property dispute: Parties urged to embrace dialogue, seek reconciliation
Stakeholders involved in a real estate conflict within Abuja have been advised to resolve their differences through peaceful communication and reconciliation. This recommendation aims to settle the ongoing property dispute outside of formal litigation while promoting a harmonious resolution among the affected parties in the nation's capital.
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Business · Premium Times ·Why Nigeria must intensify regulation of its booming mining sector, By Mukhtar Ya’u Madobi
Mukhtar Ya’u Madobi emphasizes the importance of strengthening regulatory oversight within Nigeria's rapidly growing mining industry. The proposed intensification of sector management aims to address challenges associated with the boom, ensuring that the country's mineral resources are effectively governed to support broader economic objectives and industrial compliance.
Nigerian News
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